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    Help to create simple martingale EA

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    • Z
      zT3k last edited by zT3k

      Hello.
      Please help me to create this expert advisor for meta trader 4

      In the same account with this martingale EA, I will use another one expert advisor with fixed TP and SL. This one have a winrate around 50-60% and use same lotsize anytime. This EA will open one position at a time, this position will be called <initial position> in order to understand what position we are talking about

      Next I will tell you the conditions for martingale EA, they are put in the correct order:

      1. EA will wait for <initial position> to be opened

      2. EA will wait for <initial position> to be closed in profit or loss

      3. If <initial position> was closed in profit, EA will do absolutely nothing

      4. If the <initial position> was closed at a loss, EA will wait for the next <initial position> to be opened and will copy it, use the same lotsize (1x lotsize), the same take profit and the same stop loss
        In this case will have this positions:
        1 lot original position
        1 lot copyed position

      5. If the next one <initial position> was closed in loss, EA will wait for the next <initial position> to be opened and copy it, this time it will use 3x lotsize, the same take profit and the same stop loss
        In this case will have this positions:
        1 lot original position
        3 lot copyed position

      6. If the next one <initial position> was closed at a loss, EA will wait for the next <initial position> to be opened and copy it, this time it will use 7x lotsize, the same take profit and the same stop loss
        In this case will have this positions:
        1 lot original position
        7 lot copyed position

      (Result will be a simple martingale multiplication with 2x (1 - 2 - 4 - 8))

      If <initial position> was closed in profit, EA will resume the cycle from point 1

      EA will permanently follow the <initial position> and if it is closed regardless of whether it is in profit or loss, it will close the open position
      If take profit or stop loss is changed at <initial position>, EA will also change to the open position

      Please help 🙂
      I think this EA will help and others ppl. To exclude losses from a strategy

      1 Reply Last reply Reply Quote 0
      • l'andorrĂ 
        l'andorrĂ  last edited by

        This is a complex bot to build. You will need to learn al lot of fxDreema to do it. I can help you, but you need to do your part too. 🙂 Are you ready?

        (English) I will try to help everyone in these fxDreema forums. But if you want to learn how to use the platform in depth or more quickly, I can help you with my introductory fxDreema course in English at https://www.theandorraninvestor.eu.

        (Català) Miraré d’ajudar tothom en aquests fòrums d’fxDreema. Tanmateix, si vols aprendre a fer servir la plataforma amb més profunditat o més de pressa, t’hi puc ajudar amb el meu curs d’introducció a fxDeema en català a https://www.theandorraninvestor.eu/ca.

        (Español) Intentaré ayudar a todo el mundo en estos foros de fxDreema. Sin embargo, si quieres aprender a usar la plataforma en profundidad o más deprisa, te puedo ayudar con mi curso de introducción a fxDreema en español en https://www.theandorraninvestor.eu/es.

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